So Money with Farnoosh Torabi

We’re in conversation with Justin Sinnott who is a certified financial professional and financial consultant in Charles Schwab’s Seattle branch. We’re answering your money questions that have come through on Instagram and the website. We’ve got questions about whether or not to pay down a mortgage early, how to tackle family planning and buying a home at the same time...and how much is too much to save for retirement?As many of you know, I’m working with Charles Schwab to help spread financial literacy to the masses and it’s been a really great collaboration so far. I’m a Charles Schwab customer and have been for many years. So before we get started, just want to thank Charles Schwab for helping us get this financial education content to you.To learn more about Schwab and how to work with them, visit Schwab.com/SoMoney. Schwab offers a rangeof services for people looking to invest and plan for their future, whether you want to invest on your ownwith the help of do-it-yourself tools and educational resources, get some periodic guidance from aprofessional, or work with someone in a branch. Find it all at Schwab.com/SoMoney.+++Farnoosh has been compensated by Charles Schwab. Farnoosh is not affiliated withSchwab and the views she expresses may not necessarily reflect those of The Charles Schwab Corporation orits affiliates. Farnoosh is a client of Schwab.Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

Interested in buying a home? This episode is for you! Our guest is Eric Chesin who leads strategy for Realogy, the leading provider of residential real estate services in the country.You may have heard of some of their brands, which include Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Sotheby's International Realty and many others.Eric oversees the development and execution of Realogy’s corporate strategy, as well as their projects and partnerships. The company just announced in collaboration with Amazon, the launch of TurnKey, a new home buying program that simplifies the process of finding and settling into a new home. You can check out TurnKey at Amazon.com/turnkey.With TurnKey, Realogy is matching home buyers with top agents and upon closing on their home, Amazon provides a Move In Benefit, connecting those buyers with services and experts in their area to help make their house a home. This includes a selection of Amazon Home Services like deep cleaning, a handyman who assembles furniture and mount a TV to a wall, a curated side of smart home products. All in all, the products and services are valued at 1,000 to $5,000.Now, as a self-described real estate enthusiast (that’s me,) TurnKey actually reached out to me to help them spread the word and share the campaign so very grateful for this partnership. Eric and I discuss how TurnKey can benefit buyers who often experience overwhelm, timing your purchase right and Eric's very cool travel hack that I think I’ll be implementing soon.Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

Are you a shameless mom? Our guest wants you to be. She believes that moms need to be a little more selfish with their time, prioritize themselves, and be shameless in their pursuit to live bigger, bolder, and braver, #everydamnday.Sara Dean is the creator and host of the Shameless Mom Academy Podcast, a top-rated podcast with nearly 2 million downloads.  She is also an entrepreneur to her core - having built and grown multiple businesses to multiple six figures. She is also among a small percentage of women who have sold a business in the US.  Sara’s biggest passion is helping women own their space.When Sara Dean became a mom, she expected life to be rainbows and unicorns every day. She had gone through two years and nine rounds of fertility treatments to have her son. But soon after her son was born, she had an identity crisis. Eventually, she was able to use her background in psychology, health, and wellness to rebuild her identity one step at a time. Now, she helps other mom’s do the same through her podcast.Learn more about Shameless Mom on Sara’s website: shamelessmom.com and on her podcast, Shameless Mom.And find her on social media in her free Shameless Mom Facebook group shamelessmom.com/facebook and follow her on Instagram instagram.com/shamelessmomacademyLearn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

Farnoosh and special co-host Annie LaCroix, founder of Brainy Boss, answer the latest questions from listeners...including how to invest in Socially Responsible Investments, how to improve one’s credit, how much is “enough” to save for retirement and what to do with millions of dollars earned through a settlement.Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

Just as I was about to publish this bonus episode, a listener messaged me on Instagram to ask, "How did you start your podcast?" Perfect timing! And as this is a top question I receive, I thought it would be helpful to air this interview I did with Jaclyn Mellone, host of the Go to Gal podcast. In this episode we talk about how So Money was born, the secrets to growing the show (and any podcast) and the truth about making money with a podcast. It is possible, but you have to be realistic. Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

"One of the real challenges that ambitious women face is working a lot...this idea that work has to be kind of not just efficient but it has to be across expansive amounts of hours and without really allowing for pleasure.”Raise your hand if you’re out there trying to kill it at work and at home and everywhere else in between. It can be a lot, right?Our two guests are the co-founders of a program called Integrated Hustle, which helps women align their personal vision with their professional ambition.This idea of achieving balance is something that we all know is impossible. But is there a way to achieve an Integrated Hustle? Through their program, Laena and Ami give their clients the tools the emotional support and a little bit of therapy to help them navigate both the personal and the professional with flying colors.But to get there, there are certain mindsets and certain belief systems that we just have to release. And I discovered that I’m as much on this journey as everybody else. I was learning all the way through this interview...and hope you do, too.You can learn more about Laena and Ami on their website: https://www.integratedhustle.com/And follow them on Instagram @integratedhustleLearn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

"When people give, it’s not only about making the world a better place but we find that it makes us happier too. When we’re happier, our mental health is better and hopefully our financial health is better and our physical health is better. It’s a good thing for all of us.”  You heard it here, giving can lead to happiness. We’re dedicating today’s show to the topic of philanthropy and in particular, the gender differences when it comes to giving. Our guest is Andrea Pactor who is the managing director of the Women’s Philanthropy Institute at Indiana University. The institute was created to provide research in giving to help create powerful female philanthropists. A lot of questions on the show today about why are there gender differences when it comes to giving, what are those differences? Some really fascinating data, Andrea and her team found around how people give and the results of giving, you know? They say money doesn’t buy happiness but the research says that when we give, it can feel very rewarding and it can give us all the happy feels. Andrea has also advice for us around how to actually construct a giving plan. Do you have a giving plan, what’s involved? How do you even start it? How can it actually be helpful to us as we decide how to give and how not to give as it may be. Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

Co-host Allison Task, coach and author of Personal Revolution joins Farnoosh to answer your top money questions related to negotiating your salary during a career switch to the pros and cons of taking on a loan to support your growing business. Originally aired May 8, 2018.Follow Allison on Instagram @AllisonTaskLearn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

"I was young, I was in my 30s when this started hitting me head on and none of my friends were going through this, nobody really understood. When’d say, you know, no, I really can’t do that tonight or I can’t attend this event or what have you. Many times, it was because I was busy taking care of my mom but often times it was because I was just exhausted.” Did you know that one in four millennials is a caregiver? Nobody teaches us how to prepare for or how to care for our parents as they get older. But how do you have those discussions when you move from being their child to being their caregiver? Our guest today is Kelli Bradley who is the founder of The Devoted Daughter that provides families with resources as they transition to becoming caregivers for aging family members. Kelli didn’t start her career in senior care. It wasn’t until her mother was diagnosed with diabetes that Kelly became her full time caregiver. It was only then that she realized that there weren’t many resources to turn to for support. So, she created one of the leading in-home care companies, serving thousands of families, but she wanted to help even more people navigate this emotional period and that’s where her book Always Her Daughter  comes in. Also, she has a course called The Devoted Daughter Playbook.In our conversation, we talk about how Kelly afforded not just the finances of taking care of her mother but the time. How do you balance managing your mother’s life and your own? How to assess assisted living facilities and nursing homes? And how to empower your siblings who may not be as helpful or cooperative as you to get on board and chip in?Kelli's Book: Always Her Daughter. A memoir and professional guide based on her experience in senior care. The Course: Playbook for aging parents. How to have the talk with your parents: how to take away the keys? When is it time to move? Step-by-step get your questions answered.  Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.

"When we actually retired and we didn’t actually buy a house, that was one of the reasons, because we were able to put our money into the stock market and actually invested and have it pay us money, rather than pay money into a mortgage. That’s just completely mind-blowing for people back. Even my parents were just absolutely disgusted by the fact that I didn’t buy a house, to the point where they’re like – I was like, “Oh, God. I hope they don’t disown me.” We are back in conversation with Kristy Shen, as well as her husband Bryce Leung. Kristy was on So Money a few years back, as I was doing a week-long special on early retirees. Kristy is Canada's youngest retiree ever. She built a 1 million dollar portfolio by the age of 31, and then spent the next few years traveling the world. She and her husband have a new book called Quit Like a Millionaire. In it, she documents her journey from childhood poverty in China to being fully financially independent and a millionaire in her 30s. Kristy and Bryce are part of the FIRE Movement. Heard of that? FIRE stands for Financial Independence Retire Early. Their book is a bold contrarian guide to retiring at any age. They've got a formula to financial independence. No matter where you are, where you're living, how old you are, what your likes and dislikes are, I mean, personally, I don't want to leave New York City, so do they have a plan for me? They do. Learn more about Krisy’s book at www.quitlikeamillionaire.com. Visit her blog at www.millennial-revolution.com. Follow her on Twitter @Firecracker_Rev.Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.